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ULTRATECH WIRES AND CABLES
Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 daysUltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition...- Nifty could fall to 23,260 if it fails to reclaim 24,215: Anand JamesJames said 23,800 remains a firm near-term support, but any recovery will need to push the Nifty above 24,215 for the market structure to t...
- BSE, Groww, Angel One shares rally up to 8% after Sebi’s CAS circular. What did the regulator say?Sebi plans to review the methodology for setting derivative settlement prices on expiry after market participants raised concerns over the ...
- Polycab, KEI Industries shares crash up to 9% after UltraTech Cement enters wires & cables business. What Jefferies, Nuvama expectShares of Polycab and KEI Industries fell sharply after UltraTech Cement launched its ₹1,800 crore wires and cables business, Ultravolt. Br...
- Stocks in news: HDFC Bank, M&M, Gland Pharma, CreditAccess Grameen and Bharat ForgeIndian benchmark indices extended their losing streak for a fourth consecutive session on Thursday. Nifty 50 fell 0.17% and Sensex declined...
- Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore betIn an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to estab...
- Kumar Mangalam Birla sees room to build a ‘new large challenger’ in India’s Rs 90,000-crore wires and cables market with new ‘Ultravolt’Aditya Birla Group has launched its Ultravolt wires and cables business with a significant investment. The company aims to become a top two...
- Aditya Birla Group launches Ultravolt with Rs 1,800 crore bet, debuts as India’s No. 2 wires player by capacityAditya Birla Group launched its Ultravolt wires and cables business with a significant investment. This new venture aims to become a top pl...
- Bonus issues & dividends: Wipro, UltraTech Cement among more than 110 stocks turning ex-date this week. Do you own?Over 110 companies, including Wipro, UltraTech Cement and Britannia, will turn ex-date this week for dividends and bonus issues. Investors ...
- UltraTech Cement shares gain 2% after Q1 results. Why Nuvama, other brokerages raised target?UltraTech Cement shares rose after the company posted a 17% year-on-year rise in Q1 FY27 consolidated net profit to Rs 2,599 crore and a 16...
- Strong Q1 sets stage for FY27 growth as UltraTech bets on cables businessUltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher in...
- UltraTech Cement Q1 Results: Cons profit jumps 17% YoY to Rs 2,599 crore; revenue rises 16%UltraTech Cement Q1 Results: UltraTech reported a 17% YoY rise in Q1FY27 consolidated net profit to Rs 2,599 crore, while revenue increased...
- Cement demand to cross 640 MTPA by FY30, says UltraTechCement demand is projected to exceed 640 million tonnes annually by FY30, with a compound annual growth rate of 7-8% from FY24 to FY30, acc...
- 21% Ka Jhatka: UltraTech entry jolts cable & wire companies, profits on the lineIndia's largest cement company has plans to invest ₹1,800 crore over the next two years, and the plant is expected to be commissioned by De...
- HSBC slashes targets for 4 stocks after UltraTech’s entry in wires and cables. Time to cut losses?HSBC slashed target prices for top Indian wires and cables firms by up to 23%, citing competitive risks from UltraTech Cement’s unexpected ...
- Birla pulls wire, shock pulses through stocks. What's ahead?UltraTech Cement is entering India's wires and cables sector with a Rs 1,800 cr investment. The move is aimed at strengthening its position...
- Polycab, KEI, Havells shares short-circuited. Is this Birla’s next paint-style disruption?UltraTech Cement’s unexpected investment in the wires and cables sector with a ₹1,800 crore capex plan has caused shares of major players l...
- Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entryPolycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab In...
- UltraTech Cement shares fall 5% as firm enters wires & cables segment with Rs 1,800 crore investmentUltraTech Cement share price: According to Trendlyne data, the average target price for the stock is Rs 12,473, indicating a potential upsi...
- Ultratech enters wires and cables segment, to invest Rs 1,800 croreThe board of the Aditya Birla Group firm on Tuesday approved the proposal to extend its footprint in the construction value chain, through ...
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